Energy – Trump Shortens the Window for Peace Deal
ICE (NYSE:) rallied by more than 2.3% as President Trump announced a shortened deadline for Russia to make a peace deal with Ukraine, raising supply concerns. No deal could lead to stricter US sanctions on Russia, impacting oil prices globally.

Metals – Comex Copper Slumps as Chile Seeks Tariff Exemption
Comex copper prices fell after Chile’s finance minister revealed plans to push for a US tariff exemption on copper. Chile is a major copper supplier to the US, and traders are eagerly awaiting details on the tariffs set to begin on August 1st.

Agriculture– Grain Prices Decline on Better Supply Prospects
CBOT soybean and corn prices dropped as Argentina reduced tariffs on these crops to boost exports. Additionally, favorable crop conditions in key growing regions and a stronger US dollar contributed to the decline. The USDA reported good to excellent conditions for the US corn and soybean crops.

Read more at Investing.com: Oil: Risk of Additional Russia Tariffs Unnerves Market